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own internal problems to try to confront a more hostile external environment. continuing to in gauge, finding areas of cooperation and areas like energy keep our markets open the don't create a more hostile external environment. important we keep balance in the region. there is a fine line between balance and provocation that we want to stay on the side of balance and a constructive environment. >> dr. kissinger. i was surprised to hear you say comments by both candidates. the term extremely deplorable language about china. you have endorsed mitt romney. have you had that conversation with him? have you said i find your comments extremely deplorable? >> i have seen the appetite of two candidates competing with each other on how to deal with a strategy. both have achieved as applied to china. >> and trade. >> and it may be in china -- i am positive of the fact that appealing to china had taken part of the view on china policy that is not a secret. doesn't affect my basic intuition. >> mitt romney has talked about labeling china a currency manipulator. would that be productive? >> mayb
a faster and may be reinvent the rules and that is because we are in a very different work environment where technology is making jobs out a bit faster and spinning off new jobs each of the jobs require education. so i think that if we are going to -- america is a huge advantage in this world because it's -- i think the world is going to be divided going forward between the high imagination and the countries and low imagination and the countries and we have the highest imagination enabling country in the world. if you have the spark of an idea you have a delta to design this for you you skip over to the manufacturer for this and amazon will to the fulfillment and delivery and gift wrap for christmas. craigslist will get you an accountant and your logo. they are all commodities except this and there is no country that does this better. the problem with this though is the days where ford will move to the town's 25,000 person factory are over. the factory is now 2500 people may be a lot of robots. you know the old joke it will be to employees, a man and a dog the man is there to feed the
a good thing going for 70 years in that part of the world. it's in that environment in which these tremendous economic transformations of one asian state after another can take place. we welcome that. we think that's a good thing. we want to keep going with that. that's what it's all about. so, you know, on both of those questions, stanley, all i can say is, watch. >> okay. one more question. how about in the back there, the rand hazed. -- hand raised. i'm trying to be equal opportunity per section to have audience here. >> thank you. i'm tom with the american-asian society and the affairs council. you talk about the need for peaceful resolution of disputes. i wonder if you could elaborate a bit about what stan roth referred to in the south china and east china seas where china's assertiveness is causing so much concern? >> sure. well, we see that, and i think we have a very principled position on all of this. you know, first of all, people say we don't take sides in these disputes, but that's not true. we actually do take a side. we take a side for freedom of navigation and
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